Question
D and E invested Rs.24000 and Rs.18000 in a business.
After 4 months F joined with Rs.22000. After 3 months of F’s joining, D withdrew Rs.4000 and E withdrew Rs.3000. If the total yearly profit is Rs.15480, find F’s share.Solution
Investment ratio = [24000×12 – 4000×5] : [18000×12 – 3000×5] : 22000×8 = [288000 – 20000] : [216000 – 15000] : 176000 = 268000 : 201000 : 176000 = 268 : 201 : 176 F’s share = 176 × 15480 / 645 = Rs.4220
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